Wednesday, February 19, 2020
Israel-based software maker OpenLegacy successfully raised $20 million in the recent Series C funding round from SBI Holdings, a Japanese financial services company. The recent investment follows the $30 million investment round held in November 2018, reports Reuters. According...
The European Parliament has voted to force smartphone makers to create one charger for all devices. Lawmakers are ‘urgently’ forcing telecommunications companies to make a ‘common charger’ to ease the life of consumers in the region. The proposal means...
Banking giant Citigroup has announced its new digital investment tool called Citi Wealth Builder. The service is being offered at no extra charge for select customers. Based on its press release, Citigroup’s Citi Wealth Builder is a digital robo-adviser. This...
Financial investment management company Charles Schwab recently launched its Intelligent Income Program which would help investors with critical and complex questions regarding their assets. BusinessWire said that the initiative aims to aid investors and advisers who may be overwhelmed...
Electric scooter startup Bird announced on Monday it has bagged an additional $75 million funding in an extension of its Series D funding round and has acquired German e-scooter operator Circ for an undisclosed amount. The latest funding, which secured...
Swiss food brand Nestle enters an asset purchase agreement with Allergan to acquire the gastrointestinal medication Zenpep. This acquisition marks Nestle’s move to enter medical nutrition and expand its therapeutic products. The deal is still ongoing and further details are...
Last Thursday, January 23, 2020, the Securities and Exchange Commission (SEC) issued a warning on its website following a pig investment scam operating in the market. Based on the announcement made by the SEC, the entities and organizations responsible...
The developer-focused security startup company, Snyk, snagged a Series C funding of $150 million, which brought the total valuation to more than $1 billion. The funding was led by industry leaders like NY investment firm Stripes, plus other investment organizations...
Paris-based startup LumApps announced Tuesday it has secured a $70M funding commitment from multiple investors in its Series C funding. The round, which brought the company’s total raised to $100M, was led by Goldman Sachs Growth, with participation from...
Amazon signaled a potential move to sell prescription drugs in Canada, United Kingdom, and Australia, as it filed for the trademark Amazon Pharmacy earlier this year. The company entered a new venture, outside its goods delivery service and web...

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